Short Interest in PIMCO Enhanced Short Maturity Exchange-Traded Fund (NYSEARCA:MINT) Decreases By 66.7%

PIMCO Enhanced Short Maturity Exchange-Traded Fund (NYSEARCA:MINT) was the recipient of a significant decline in short interest in May. As of May 29th, there was short interest totaling 138,193 shares, a decline of 66.7% from the May 14th total of 414,983 shares. Based on an average daily volume of 1,812,334 shares, the short-interest ratio is presently 0.1 days. Approximately 0.1% of the company’s stock are sold short.

PIMCO Enhanced Short Maturity Exchange-Traded Fund Trading Up 0.0%

MINT traded up $0.04 during midday trading on Friday, hitting $100.60. The company had a trading volume of 1,377,448 shares, compared to its average volume of 1,573,597. PIMCO Enhanced Short Maturity Exchange-Traded Fund has a 52 week low of $100.15 and a 52 week high of $100.74. The stock’s 50 day moving average price is $100.54 and its 200 day moving average price is $100.52.

Institutional Investors Weigh In On PIMCO Enhanced Short Maturity Exchange-Traded Fund

Several hedge funds and other institutional investors have recently bought and sold shares of MINT. JPMorgan Chase & Co. increased its stake in PIMCO Enhanced Short Maturity Exchange-Traded Fund by 10.5% in the third quarter. JPMorgan Chase & Co. now owns 31,246,850 shares of the company’s stock valued at $3,146,245,000 after purchasing an additional 2,959,588 shares in the last quarter. Ibex Wealth Advisors bought a new stake in shares of PIMCO Enhanced Short Maturity Exchange-Traded Fund during the first quarter worth about $25,654,000. Moment Partners LLC bought a new stake in shares of PIMCO Enhanced Short Maturity Exchange-Traded Fund during the first quarter worth about $21,907,000. NewEdge Advisors LLC increased its position in shares of PIMCO Enhanced Short Maturity Exchange-Traded Fund by 69.2% during the third quarter. NewEdge Advisors LLC now owns 336,359 shares of the company’s stock worth $33,868,000 after acquiring an additional 137,554 shares in the last quarter. Finally, BNP Paribas Financial Markets increased its position in shares of PIMCO Enhanced Short Maturity Exchange-Traded Fund by 131.6% during the second quarter. BNP Paribas Financial Markets now owns 165,922 shares of the company’s stock worth $16,681,000 after acquiring an additional 94,279 shares in the last quarter.

PIMCO Enhanced Short Maturity Exchange-Traded Fund Company Profile

PIMCO Enhanced Short Maturity ETF (the Fund), formerly PIMCO Enhanced Short Maturity Strategy Fund, is an exchange-traded fund. The Fund seeks maximum current income, consistent with preservation of capital and daily liquidity. The Fund focuses on short maturity fixed income instruments. The Fund seeks to achieve its investment objective by investing at least 65% of its total assets in a diversified portfolio of fixed income instruments of varying maturities, which may be represented by forwards.